Aggregators Now Drive 20% of Ethereum DEX Volume

Cointelegraph

Published Jul 31, 2020 03:49AM ET

Updated Aug 01, 2020 05:40AM ET

Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators.

In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon (NASDAQ:AMZN) aggregates consumers and merchants. Uber (NYSE:UBER) aggregates riders and drivers. Netflix (NASDAQ:NFLX) aggregates viewers and content. The list goes on.”

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